The Block
Tron founder Justin Sun and Sonic Labs co-founder Andre Cronje claimed Coinbase charges substantial listing fees.Coinbase CEO Brian Armstrong asserted that asset listings are free.The distinction is allegedly related to fees for Coinbase’s Earn and Custody programs being linked to potential listings, Sun and Cronje claimed.
Quick Take Vlayer has raised $10 million in a pre-seed funding round from a16z CSX, Credo Ventures, BlockTower and others. The startup is developing “verifiable data infrastructure” or “Solidity 2.0,” which will introduce new functions to Ethereum’s programming language.
Quick Take OpenSea CEO Devin Finzer said a new platform built ‘from the ground up’ will be launching next month. While the NFT trading platform’s market share of trading volumes has improved in recent months, overall non-fungible token sales have sunk to their lowest levels since 2021.
Quick Take Polymarket’s prediction market for the 2024 U.S. presidential election winner hit $3.13 billion on Nov. 4 — one day before the election. Republican candidate Donald Trump amassed $1.2 billion in betting volume, while Democratic Vice President Kamala Harris accrued $782.5 million.
Quick Take An influx of crypto-friendlier candidates could be elected on Tuesday as funds from crypto firms ballooned in this election cycle. Senate races in Ohio and Montana could influence how crypto legislation is taken up next year. Whether Democrats or Republicans take the House and Senate would also determine who leads key committees that would take a lead on bills to regulate crypto and stablecoins.
Quick Take Crypto traders are capitalizing on the death of Peanut the squirrel, a euthanized pet that has become a conservative cause célèbre.
Quick Take a16z crypto, the web3 venture capital arm of the investment firm Andreessen Horowitz, pledged over $23 million to Fairshake and its affiliated political action committees to support pro-crypto candidates ahead of the 2026 U.S. midterm elections. Tron founder Justin Sun and Sonic Labs co-founder Andre Cronje accused Coinbase of charging substantial “listing fees” despite the crypto exchange’s CEO Brian Armstrong recently reasserting that its asset listings are free. Standard Chartered-backed digi
Quick Take Hype, a new memecoin trading platform, has launched a “President Memecoin Index” enabling traders to track and trade tokens related to the upcoming U.S. election. A basket of Trump-themed tokens is up 86.9% since the presidential debate in September.
Quick Take Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos and Robinhood have partnered to release a new stablecoin network. The Global Dollar Network aims to accelerate stablecoin adoption worldwide and to incentivize new use cases for the stablecoin USDG.
Quick Take The Republican candidate’s embrace of the crypto community has helped push the price of bitcoin toward a new all-time and brought in hundreds of millions of dollars across prediction markets, memecoins and more. Below is a brief recap of Trump’s crypto pivot and what’s next following the U.S. elections.
